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[Asharq Al-Awsat] Iraqi Parliament Speaker Salim al-Jubouri rejected the draft budget on the vote. Jubouri said in a press conference yesterday, that the Iraqi government handed the parliament a modified version of the budget, but it failed to include the objections of the parliamentary blocs. Jubouri said during a hearing on Tuesday, that the draft budget law will not be submitted to the vote or amendment only after the understanding and consensus between the government and parliamentary blocs.

The adoption of the budget objections by the Kurds to reduce the proportion allocated to them from 17 percent as decided by the budgets of the past years to 12.67 during the current year, which is one of the measures taken by the federal government against the authorities of the Kurdistan region following a referendum on the separation on September 25 last. For their part, the Sunni MPs demand the allocation of funds to return the displaced and enable them to participate in the next general elections. The southern oil-producing provinces of Basra, Thi Qaromisan and Wasit are also demanding $ 5 per barrel of oil produced. The total value of the general budget of Iraq for the year 2018 amounted to about 85.33 trillion dinars (71.65 billion dollars) deficit of 22.78 trillion dinars (19.13 billion dollars).The documents of the draft budget law on reducing the share of the Kurdistan region of the total budget from 17% to 12.67%, allocated for current expenditures and investment projects in the provinces of the region. The budget included a price of 43.4 dollars per barrel of oil, with a capacity of 3.89 million barrels to top oil revenues and mineral wealth revenues close to 73 trillion Iraqi dinars (70 billion dollars). Abbadi had previously described the budget of 2018 as an austerity directed to reduce government expenditures for presidencies and ministries and to secure wages and salaries of state employees.